According to ValuePenguin com, the current 30 year mortgage rate is now less than 5 A sample of eight small banks in the Midwest revealed the following rates (in percent) At the 01 significance level, can we conclude that the 30 year mortgage rate for small banks is less than 5 Compute the p value ...

Assume the population is normally distributed ...

According to ValuePenguin.com, the current 30-year mortgage rate is now less than 5%. A sample of eight

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According to ValuePenguin.com, the current 30-year mortgage rate is now less than 5%. A sample of eight small banks in the Midwest revealed the following rates (in percent):

3.6 4.1 5.3 3.6 4.9 4.6 5.0 4.4

At the .01 significance level, can we conclude that the 30-year mortgage rate for small banks is less than 5%? Compute the p-value.

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Statistical Techniques In Business And Economics

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Authors: Douglas Lind, William Marchal, Samuel Wathen

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According to ValuePenguin.com, the current 30-year mortgage rate is now less than 5%. A sample of eight

Question:

3.6 4.1 5.3 3.6 4.9 4.6 5.0 4.4

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Statistical Techniques In Business And Economics

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